Military Life Insurance Programs

Trans World Assurance has a strong history of serving the men and women who protect our great nation. We are a company founded by a WWII Marine for the purpose of creating insurance products for military personnel and their families. From the days back in 1963, when we opened our doors, until today, we have kept our promise of providing only the most stable and strongest cash accumulation life insurance products to our U.S. military and U.S. government personnel.

We have long recognized the important role life insurance plays within the military community. Protecting the assets, future earnings and financial goals of military families is something we do not take lightly. Peace of mind is important to our patrons and over the years we have delivered. Through every conflict, Trans World Assurance has been there with no war clauses, protecting all who defend and protect our great nation.

We continue to follow a simple approach: fill the needs of our policyholders. Our products are portable, safe and solid.

What do you do if you need more insurance while you are still on active duty? What if you would like to secure permanent insurance when it is the least expensive, while you are young and healthy? Trans World Assurance provides permanent solutions to augment any existing government insurance/retirement programs you may have.

We believe insurance should not just pay if you die. We believe your coverage should also provide living benefits, with tax-deferred cash value growth and flexible premium schedules.

Our philosophy is simple. Trans World Assurance:

Makes sound investments! The majority of our investment portfolio consists of United States Government bonds and highly rated corporate bonds. This means stable growth for you.

Offers products with flexibility! We understand your profession and careers will have unforeseen changes. That is why we offer flexible payment and withdrawal plans to serve any situation you may come across.

Keeps costs low! Trans World Assurance has one of the lowest overheads of any company in our industry. This means competitive premiums for you.

Is innovative! Our unique life insurance policies help protect families while allowing them to build cash values tax-deferred. That means we provide CASH if you live or cash to your loved ones if you do not.

Security, flexibility and quality of life – This is our mission!

All military personnel and their families have the ability to obtain low cost group term insurance through Servicemembers’ Group Life Insurance. SGLI is a wonderful product! We know this because we are an SGLI founding member and continue to support it today. TWA also offers conversion from your SGLI term insurance to permanent insurance when you separate from active duy.